O-I Glass Quarterly Income Statement
NYSE: OIConsumer DiscretionaryContainers/PackagingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
O-I Glass revenue and earnings
In the quarter ended Jun 30, 2026, O-I Glass generated $1.67 billion in revenue, down 2.2% from the same quarter a year earlier. O-I Glass reported a net loss of $972.0 million, compared with a loss of $5.0 million a year earlier. Gross margin was 12.8% (down from 17.5%) and operating margin -49.6%.
Diluted earnings per share came in at -$6.33.
Summary generated from market data by MetaCap's automated system. Methodology
O-I Glass income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.67B | 1.54B | 1.50B | 1.65B | 1.71B | 1.57B | 1.53B | 1.68B | 1.73B | 1.59B | 1.64B | 1.74B |
| Revenue growth (YoY) | -2.23% | -1.72% | -1.90% | -1.55% | -1.33% | -1.63% | -6.83% | -3.67% | -8.52% | -13.00% | -3.07% | +2.95% |
| Cost of Revenue | 1.45B | 1.34B | 1.27B | 1.35B | 1.41B | 1.29B | 1.32B | 1.46B | 1.43B | 1.27B | 1.41B | 1.38B |
| Gross Profit | 214.00M | 199.00M | 230.00M | 300.00M | 299.00M | 280.00M | 208.00M | 215.00M | 303.00M | 318.00M | 231.00M | 364.00M |
| Operating Expenses | 1.04B | 252.00M | — | 242.00M | 292.00M | 262.00M | 333.00M | 272.00M | 199.00M | 201.00M | 670.00M | 282.00M |
| Research & Development | 9.00M | 9.00M | 9.00M | 8.00M | 11.00M | 13.00M | 18.00M | 20.00M | 20.00M | 21.00M | 26.00M | 24.00M |
| Selling, General & Admin | 75.00M | 99.00M | 116.00M | 105.00M | 106.00M | 109.00M | 108.00M | 103.00M | 110.00M | 123.00M | 116.00M | 134.00M |
| Operating Income | -827.00M | -53.00M | — | 58.00M | 7.00M | 18.00M | -125.00M | -57.00M | 104.00M | 117.00M | -439.00M | 82.00M |
| Interest Expense | 86.00M | 79.00M | 84.00M | 91.00M | 85.00M | 81.00M | 83.00M | 87.00M | 87.00M | 78.00M | 79.00M | 78.00M |
| Other Income (Expense) | -8.00M | -5.00M | 11.00M | -2.00M | -5.00M | -1.00M | -2.00M | -1.00M | -1.00M | 1.00M | 8.00M | -2.00M |
| Pretax Income | 171.00M | 142.00M | -718.00M | 235.00M | 225.00M | 209.00M | -574.00M | 144.00M | 233.00M | 235.00M | -958.00M | 301.00M |
| Income Tax | 138.00M | 18.00M | -3.00M | 21.00M | 6.00M | 30.00M | 24.00M | 19.00M | 42.00M | 41.00M | 25.00M | 26.00M |
| Net Income | -972.00M | -73.00M | -138.00M | 30.00M | -5.00M | -16.00M | -154.00M | -80.00M | 57.00M | 72.00M | -470.00M | 51.00M |
| Net Income growth (YoY) | — | — | — | — | -108.77% | -122.22% | — | -256.86% | -48.18% | -65.05% | -3715.38% | -77.92% |
| EPS (Basic) | -6.33 | -0.48 | -0.90 | 0.19 | -0.03 | -0.10 | -1.00 | -0.52 | 0.37 | 0.46 | -3.04 | 0.33 |
| EPS (Diluted) | -6.33 | -0.48 | -0.90 | 0.19 | -0.03 | -0.10 | -0.98 | -0.52 | 0.36 | 0.45 | -2.97 | 0.32 |
| Shares Outstanding (Basic) | 153.50M | 152.68M | — | 153.57M | 153.99M | 153.71M | — | 154.62M | 155.28M | 154.27M | — | 154.70M |
| Shares Outstanding (Diluted) | 153.50M | 152.68M | — | 155.22M | 153.99M | 153.71M | — | 154.62M | 157.38M | 158.47M | — | 159.28M |
| EBITDA | -707.00M | 63.00M | — | 178.00M | 125.00M | 133.00M | -8.00M | 67.00M | 226.00M | 240.00M | -325.00M | 209.00M |
| Gross Margin | 12.83% | 12.92% | 15.33% | 18.15% | 17.53% | 17.87% | 13.60% | 12.81% | 17.52% | 19.96% | 14.08% | 20.88% |
| Operating Margin | -49.58% | -3.44% | — | 3.51% | 41.00% | 115.00% | -8.18% | -3.39% | 6.02% | 7.34% | -26.75% | 4.70% |
| Net Margin | -58.27% | -4.74% | -9.20% | 1.81% | -29.00% | -102.00% | -10.07% | -4.76% | 3.30% | 4.52% | -28.64% | 2.93% |
This table shows 12 quarterly periods of O-I Glass's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow OI's reporting calendar. What is a income statement?